Contactless credit card devices are becoming a staple in modern payment technology, utilized globally not just for their convenience but also for their robust security features. This article delves into how these devices work, their safety measures, and the financial institutions that offer them, ensuring you have all the information you need about contactless [...]
Since 2020, the number of payments made using contactless technology has significantly increased. Most of this may be attributed to consumers' concerns about catching the COVID-19 virus, widespread around this time. Because "tap to pay" is more straightforward for many individuals to complete than swiping or inserting a card, contactless payment methods are gaining more [...]
The term EMV stands for Europay, MasterCard, and Visa. Credit card terminals that use the EMV standard make it possible to create a global standard for the acceptance of chip cards and smart cards, chip payment applications and devices, and chip payment gateway operations. Incorporating these anti-fraud microchips into credit cards is designed to lower [...]
Small businesses may use virtual terminals to accept payments online or offline using a computer and a card reader. A service firm, a shop or restaurant that takes phone orders, or a business that wants to provide its customers more alternatives for paying their bills may benefit from this service. A virtual terminal might be [...]
Contactless Payment Processing Contactless payments are made by tapping or waving a contactless device, like a credit card, debit card, smartphone, or watch, over a scanner, which takes the payment. It lets you pay quickly without entering your PIN (personal identification number). It's possible to make contactless payments using a bank card, a [...]
As many states begin the "reopening" phases of businesses across the US, contactless payments are being required by the government. For example, in the state of California, the beginning of Phase 2 the governor is asking businesses to develop contactless payment procedures, have hand sanitizer available for employees and customers, ensure employees have proper [...]
The CDC has issued guidelines for healthy payment practices for social distancing to prevent and slow the spread of COVID-19. Implementing these guidelines will lower COVID's impact in your workplace. Telephone appointments, video conferencing and curbside pickup or delivery allow providers of essential services to stay open and continue serving customers in their communities. [...]
